If they do make a successful bid, to run Gatwick properly on a day to day basis they're going to have to appoint much stronger and more astute management and directors than currently exist at either airline.
Given the actions of Stelios with the board of Easyjet do you think the city is more likely or less likely to want to fund a bid by him.
Gut instinct is it will be less likely as irrespective of what he has done before the bullying of a board by its biggest shareholder will inspire no confidence from the fund managers.
Their viewpoint is if he treats Senior Board like this will our £X million stake get treated the same way.